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Showing posts with label April 28. Show all posts
Showing posts with label April 28. Show all posts

Friday, April 28, 2017

3 Overcrowded High-Yield BDCs: Prospect, Main Street And Fidus

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April 28, 2017 at 11:24PM

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S Chand gets 60 times subscription

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The initial public offer of educational book publisher S Chand & Company was subscribed 60 times overall on the third and last day, Friday. The company priced its share issue in band of ₹660-670,…

April 28, 2017 at 11:22PM

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On topic: Tech news to know now

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Here’s what’s on the TGIF menu.

Jeff Bezos is gaining on Bill Gates, is $5 billion away from becoming world’s richest person, after Amazon shares rose on earnings report. (Bloomberg)

Mark Zuckerberg toured a Ford assembly plant yesterday. Of course this once again prompts speculation about his political future. (His Facebook post)

Tesla’s Klaus Grohmann, the CEO of the German engineering company Tesla bought recently, reportedly ousted after clash with Elon Musk. (Reuters)

Speaking of Elon Musk, a tunnel-boring machine has been spotted at SpaceX. (San Gabriel Valley Tribune)

AOL CEO Tim Armstrong lays out who will be running what at Yahoo once the Verizon deal is complete. Yahoo co-founder David Filo will be on a “tech council.” (Recode)

China’s ride-sharing company Didi, which is Apple-backed, raises record $5 billion in funding. It’s now the world’s second most valuable startup behind Uber. (Bloomberg)

Top executives of Foxconn, including Chairman Terry Gou, visited the White House Thursday, as the big Apple supplier ponders a $7 billion investment in a U.S. display-making plant. (Reuters)

About 21,000 AT&T wireless workers prepare to strike. (Fortune)

 

Photo: Jeff Bezos, CEO and founder of Amazon, introduces the new Amazon Kindle Fire HD in Santa Monica, Calif., on Sept. 6, 2012. Amazon’s stock surge has helped Bezos climb up the world’s-wealthiest list. (Reed Saxon/AP)

April 28, 2017 at 11:23PM

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from Levi Sumagaysay

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UK PM May meets Japan’s Abe to discuss Brexit fallout

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The British prime minister is hosting her Japanese counterpart Shinzo Abe at her official Chequers residence

April 28, 2017 at 11:14PM

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Your car will eventually live-stream video of your driving to the cloud

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As self-driving cars become more advanced with a greater number of onboard computers, sensors, cameras and WiFi, the amount of data is expected to balloon, providing automakers, insurers and others with rich information to harvest.

A single autonomous car could generate as much as 100GB of data every second, said Barclays analyst Brian Johnson, in a note published Wednesday.

If extrapolated out to the entire U.S. fleet of vehicles — 260 million in number — autonomous cars and trucks could potentially produce about 5,800 exabytes, Johnson stated.

In other words, on a daily basis, there would be enough raw data to fill 1.4 million Amazon AWS “Snowmobile” mobile data center tractor-trailer trucks with 100 petabytes of storage each, for a convey reaching 11,000 miles long.

To read this article in full or to leave a comment, please click here

April 28, 2017 at 11:32PM

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from Lucas Mearian

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Fintech Innovation Demands Great Responsibility – DSNews.com

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DSNews.com
Fintech Innovation Demands Great Responsibility
DSNews.com
The emergence of financial technology, or fintech, in the banking industry is an increasingly hot topic, and the way Thomas Curry, federal comptroller of the currency, sees it, “Innovation can change everything.” That was the core of Curry’s message at …

April 28, 2017 at 11:28PM

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Legal war with Apple hits Qualcomm’s revenue projections

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The legal fight between Apple and Qualcomm on licensing modem technology is turning uglier every day.

April 28, 2017 at 11:26PM

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from Agam Shah

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Your car will eventually live-stream video of your driving to the cloud

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With a barrage of sensors, cameras and LiDAR equipment and embedded WiFi, autonomous vehicles are expected to produce an ocean of big data that could reach about 5,800 exabytes in size.

April 28, 2017 at 11:26PM

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from Lucas Mearian

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The North Face’s parent company names new CIO

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Sandra Harris is taking over for retiring Martin Schneider at a time when retailers are overhauling both back-end and customer-facing technology to meet consumers’ digital shopping habits.

April 28, 2017 at 11:26PM

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from Clint Boulton

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Legal war with Apple hits Qualcomm’s revenue projections

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The legal fight between Apple and Qualcomm on licensing modem technology is turning uglier every day.

April 28, 2017 at 11:26PM

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from Agam Shah

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IIROC Trading Halt / Suspension de la negociation par l’OCRCVM – GEMC

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 28, 2017) – The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants:

April 28, 2017 at 11:16PM

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Norrep Capital Management Ltd. Announces Eligible Dividends

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CALGARY, ALBERTA–(Marketwired – April 28, 2017) – Norrep Capital Management Ltd. (“Norrep”), the Manager of a strategically focused group of public mutual funds, alternative funds and limited partnerships (“Norrep Investments”), announced today that dividends have been declared for the following funds:

April 28, 2017 at 11:16PM

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Starbucks Promises a New Fun Drink to Top the Unicorn Frappuccino

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The coffee chain urges fans of its pink-and-blue Frappuccino to “stay tuned” for more funky new drink offerings.

April 28, 2017 at 11:14PM

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from Krystal Steinmetz

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Anthem loses bid to reverse federal blockage of Cigna merger deal

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An appeals court has rejected Anthem’s bid to reverse a lower court ruling that blocked its takeover of industry rival Cigna

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April 28, 2017 at 11:13PM

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from USA TODAY

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FDA wants menu labeling requirement postponed

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It’s now scheduled to go into effect on May 5.

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April 28, 2017 at 11:13PM

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from USA TODAY

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